Of well welcome to our studios in the capital tahan, this is press tv news, thanks for joining us. South korea and the us have kicked off joint war games in the waters east of the Korean Peninsula a mid simmering tensions with puyongyang. South koreas navy says the threeday exercises involved nine vessels and two patrol aircraft from the two sides. The will focus on Antisubmarine Warfare and life fire drills. Spokesman for the drills says the exercises will serve effectively deter and respond to nuclear and missile threats from the democratic republic of korea. The dprk says as military moves are defensive and has condemned the joint war games as rehearsals for invasion. A correspondent and soul Jennifer Chang shed more light on the latest joint. By us south korea, are very important because they show how worried the us and south korea are about north koreas new Nuclear Attack submarine which it unveiled in a launching ceremony on september 6th, and this new submarine can carry nuclear
Hillary clinton, chairman steve forbes on this story and much much more, tonight, money and politics weve got you covered welcome to risk reward im Elizabeth Macdonald now the market hitting more new year highs today the dow finishing less than 80 points shy of 25,000 thats its 89th record close since the election the s p and nasdac also having a second day of record closes and now weve got new information surfacing about that book, basically the information is attacking the credibility of the author michael wolf, the book that quotes steve bannon. The book that triggered this major fight with the president. The president s billionaire friend Thomas Barrick ran the inaugural committee now says michael wolf misquoted him saying he never used the word like crazy to talk about the president saying wolf misquotes are completely utterly false. Lets bring in fox business adam shapiro live at the white house with the latest on the trump bannon fight. Adam . Adam it started this morning emac w
Chilling temperatures. Lauren lauren was live at the scene with us, lauren. Sarah, tony, bone chilling is accurate. You can see its frozen in front of the homes they played all the water this say row of taken to homes. Five of them. We just learned the cause of the fire and there was a man inside one of them at a fireplace trying to use li lightser nrid inside the fire and he left the door open as he plead and it spread to the outdoor decks in back of home. Sky fox was over the scene as you saw all those flames and a million in damage to five town homes here and ground video from the pack of back of the homes. There was a partial collapse there and fire spreading to five homes. About a million in dozen people displaced at this scene here and firefighters dealing with frigid temperatures. Heres what montgomery country fire spokesman Pete Barringer had to say. During the course of operation there was a building collapse, Structure Collapse middle of the road townhouse appears to be the t
Im Cheryl Casone in for trish regan. Welcome to you intelligence. Right to it. Heres what you need to know about what was Just Announced from the two advisers to the president. The president wants three tax brackets instead of seven for individuals, and they are 10 , 25 , and 35 . The president also proposing to slash taxes for all corporations along with small and medium size businesses down to 15 . Right now were in the high 30s. He also wants to eliminate the death tax and repeal amt, the alternative minimum tax, take a look how the markets are reacting right now. Not a lot of reaction, but the details of the plan that come out earlier today, the dow, s p and nasdaq still in the positive. We should watch the s p, we may have a record close based on earnings and also what we heard on the tax plan. Take a look at the russell 2000 hitting alltime highs today. These are smaller and mid cap companies, many analysts are saying could really be the beneficiaries of the new tax plan coming f
Tucker 95 southbound from dumfries to quantico because of a crash just beyond that point blocking two lanes. Problems continue in laurel this morning, were un97 remains shut down between bw parkway and powder mill road. Bw parkway completely jammed. Well help you steer clear of those issues. Allison and steve. Breaking overnight in England Police arrested six people during anti raids near london. One woman is shot but is serious but stable condition. She has not been arrested in connection of the raid. Sky news posted photos of the raid to the web site. Officials say among those arrested a 16yearold boy. Police say all of the suspects are being held on suspicion of preparation of terror acts. The United States could be headed to major conflict with north korea. That is the assessment of President Trump. The commander in chief is live on capitol hill. Good morning. Reporter allison and steve good morning. We know of course members of congress have been briefed on the north korea threat